From the end of the financial year, shortly after December 31st of every year, the treasurer draws up the financial statements for the exercise which has just ended and attests that it is accurate, as provided for by section 105 of the Cities and Towns Act (CTA).
During a Council meeting, the treasurer has to deposit two reports:
- The financial report
- The external auditor’s report transmitted under section 108.3 CTA
The financial report is ONLY AVAILABLE IN FRENCH as it must be drawn up on the specific forms provided by the Minister of Municipal Affairs, Regions and Land Occupancy and it includes :
- The financial statements
- A statement fixing the effective aggregate taxation rate of the municipality, in accordance with Division III of Chapter XVIII.1 of the Act respecting municipal taxation (chapter F-2.1), and
- Any other information required by the Minister
(French version only)
